© EPA-EFE/BONNIE CASH / POOL The US President intends to challenge the Supreme Court's verdict.
The US President, Donald Trump, has introduced customs duties on products entering from all nations globally, supplementing current levies, according to an executive directive he revealed on his Truth social media account.
“It is with great pleasure that I announce the recent signing in the Oval Office of an executive decree enacting a 10 percent duty on merchandise from every country on earth, taking effect practically at once. Your attention to this matter is appreciated! PRESIDENT DONALD J. TRUMP,” stated Trump.
The legislation enables him to enact this duty for a period of 150 days, though an appeal remains a potential hurdle.
Prior to this, Donald Trump voiced his displeasure regarding the US Supreme Court's judgment that limited his authority to unilaterally enforce tariffs on imports. He pledged to augment present duties and commence the process of instituting fresh ones.
The justices nullified the duties, along with charges on goods originating from Canada, Mexico, and China, which Trump imposed under the guise of fighting illicit fentanyl trafficking. The determination also brings into question distinct tariffs applied to goods coming from Brazil and India.
The court's ruling has cast uncertainty over the commercial agreements that Trump's representatives have negotiated in recent months, using the threat of substantial duties. It has left uncertain the destiny of the $175 billion already gathered by Trump through tariffs.
Trade courts have already seen over 1,000 claims submitted by importers seeking reimbursement. According to US trade regulations, they possess a two-year window to register a claim and pursue recompense.